Worldwide iPaaS Market

Bharatbook announces a report on “Worldwide iPaaS Market”. The report also includes insights into key market requirements gathered from architects, data engineers.

The report on the iPaaS market provides an in-depth analysis of the market size, forecasts and opportunities of iPaaS that cater to the SMB and enterprise markets. The report provides the market size and forecasts of iPaaS segmented by Platforms and Services. The report provides the market data for these segments across industry verticals – Aerospace and Defense, Automotive and Transportation, Banking and Finance, Healthcare and Life Sciences, Retail and Consumer, Public Sector and Government, Technology and Media, and Others. Further to this, the report also provides the market data for these segments by industries across five regions – North America, Europe, Asia-Pacific, Central America and Latin America (CALA), and Middle-East and Africa (MEA).

iPaaS market report also includes insights into key market requirements gathered from architects, data engineers, IT managers, application owners, CTOs, CIOs, and enterprise IT decision makers. The study also covers their preferences, priorities and perception of the applications and adoption of iPaaS platforms and services. The report also includes key demand side user ratings such as ratings across regions for iPaaS projects, services, vertical adoption, and deployment timeframes. The analysis in this report will help market participants, vendors, enterprises, independent software vendors, SaaS providers, systems integrators, value added resellers, and digital marketing agencies to develop strategies, marketing goals and business decisions based on the actionable market intelligence from this report.

This iPaaS market report has been built on a rigorous period of information gathering from both secondary and primary sources through several interviews with industry participants, vendors, enterprises, consultants, organizations, and regulators. Data gathered from these interviews and surveys was curated, analyzed, and engineered to understand buying, spending, demand and supply patterns and to estimate market sizes and forecasts. The resultant data was checked for applicability across value chains through market-data associations and then further validated through multiple check points to check consistencies, error samples, variances.

Data volumes are doubling every 2 years. Data complexity presents itself in two forms – Volume and Variety. The rise and proliferation of mobile apps, SaaS and on-premise applications, and IoT and M2M, the data has become one of the most important business factors. CIOs and IT decision makers have a compelling reason for developing hybrid, on-premise and cloud deployment models to ensure market leadership and competitive differentiation. The successful deployment of a hybrid model depends on the effectiveness of the data integration and its capability to flexibly provide meaningful data across the correct channel.

The emergence of hybrid deployments as the preferred approach for integrations compels IT leaders to look at increased convergence of data and application integration. Cloud is a strategic stop in this evolutionary path. Coupled with this is the fact that the nearing end of the cycle of ETL and ESB technologies. Both these are increasingly losing relevance in the cloud era, where the rise of mobility, social, data and analytics necessitates new approaches to solve challenges from data and app integrations.

Typical front-office applications have migrated to the cloud. Application categories, platforms, analytics and architecture are increasingly being transitioned to the cloud. All this points to iPaaS as the go to solution to enable enterprise to ease this transition and put enterprises on the desired path towards digital transformation. The elimination and reduction of legacy systems brings two key aspects – cost savings and technical prowess. Beyond efficient integrations, the elimination of integration middleware is a big plus for both the enterprise and SMB segment.

iPaaS solutions entail lower upfront costs coupled with the ability to perform faster and automated deployments. The integrations built through iPaaS will empower businesses with the necessary scale, flexibility and control for the future. iPaaS is a key accelerating force towards the integration of cloud and on-premise systems. the worldwide iPaaS market to reach $2.15 billion in 2021.

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